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Publication: May 2024
Report Type: Niche Report
Report Format: PDF DataSheet
Report ID: AI42340 
  Pages: 110+  

Australia AI Speech Recognition Market Analysis, Size, and Forecast by Components, Deployment Model, Value Proposition, Functionality, End Users, and Region: 2019-2032

Report Format: PDF DataSheet |   Pages: 110+  

 May 2024   

Australia AI Speech Recognition Market Snapshot

Australia AI Speech Recognition Market

  • Revenue in the Australia AI speech recognition market is estimated to stand at US$ 189.9 Million in 2024.
  • In the AI speech recognition market in Australia, 25.9% of total revenue will be generated through IT and Telecom end user by 2032.
  • The services segment is expected to emerge as fastest growing segment in terms of revenue generation during the forecast period.
  • In 2024, the cloud-based segment is expected to maintain its dominance in Australia, holding a 70.9% market share among various segments.

Australia AI Speech Recognition Industry Coverage

Analysis Period

2019-2032

Actual Data

2019-2023

Base Year

2023

Estimated Year

2024

CAGR Period

2024-2032
 

Research Scope

Components

Hardware

Software

Services

Deployment Model

Cloud-based

On-premise

Value Proposition

Open & Integrable Solutions

Customizable & Tailored Solutions

Functionality

Real-Time Speech Processing

High-Fidelity Speech-to-Text

Multi-Language Machine Translation

Domain-Specific Language Translation

Others

End Users

IT and Telecom

Media and Entertainment

Energy and Power

Transportation and Logistics

Healthcare

BFSI

Retail

Manufacturing

Public Sector

Other